Sales League Table 2020 | Banking Technology Winners

Results Announced!

IBS Intelligence launches BankTech Daily News

Subscribe today. Limited time offer.

The Black Swan Opportunity | Get your bank digital ready.

IBSI Special 5 Digital Report Package with Special Offer. Subscribe now

India FinTech Report 2020

Insights into the historical and projected market size of key FinTech categories. Subscribe now

Contis offers access to Faster Payments with renewed Paysera partnership

End-to-end payments platform, Contis has announced the renewal of its partnership with Lithuanian FinTech Paysera for a term of three years. The two companies have been in partnership since 2015 and it has enabled Contis to provide card solutions and access to the Visa network.

Airidas Puodžiūnas, General Manager of Contis Lithuania, said, “We are very pleased to be extending our relationship with Paysera. This fintech pushes the boundaries of consumer finance in the Baltics, enjoying impressive growth that shows just how popular its services are. Our partnership will help boost its product offer across key markets including Bulgaria, Romania and the rest of Europe.”

According to Contis, the renewal is expected to provide Paysera’s customers with new benefits including virtual cards, access to Faster payments for instant transfers in the UK and is supposed to be including Apple Pay and other features. The payment platform’s services are embedded in the FinTech’s platform through the former’s APIs.

Established in 2004 in Lithuania, FinTech Paysera offers banking, e-commerce, ticketing and other digital services to customers around the world. It is an international e-payment system and provides a payment collection solution, “Paysera Checkout”.

Vytenis Morkūnas, CEO of Paysera, said, “We started working with Contis four years ago issuing Debit cards to Paysera clients. This new deal is exciting as together we will be providing a range of valuable new services. It really shows the importance of our long term relationship with Contis as a trusted partner.”

Recently, Contis entered into a partnership with UK-based ClearBank in a bid to enhance banking services on its platform.

Related IBS Intelligence Research

Related Posts

Rapyd logo

Rapyd completes acquisition of Iceland’s Korta

UK-based Rapyd, has completed the acquisition of Korta, an Iceland-based payment card service provider. Rapyd helps merchants, gig-economy platforms, and technology providers create and launch applications without having to build payments infrastructure. Korta provides merchants with a range of in-store and digital payment acceptance solutions. The deal was originally announced in April 2020. Rapyd CEO […]

This post is only available to members.

Read More »
P20 logo

P20 analyses global Payee Verification approaches

P20 has published its interim report Payee Verification: Overview of Approaches used by Credit-Push Payment Systems. The report from P20’s Regulation Working Group which focuses on criminal transactions and fraud, examines the approaches being used to reduce authorised push payment (APP) fraud and compares the methods being used in the US, UK, and Australia. The […]

This post is only available to members.

Read More »

Signicat: 41% of Europeans shut off from financial services in lockdown

Digital identity specialist Signicat has found that 41 per cent of consumers across Europe have been unable to access new financial services as a result of lockdown restrictions and a lack of access to digital options. In a research report, the Norwegian identity provider found that while consumers have had to turn to online and […]

This post is only available to members.

Read More »

OpenPayd releases crypto banking and payments service

API-led Banking-as-a-Service provider, OpenPayd has released its banking and payments solution for digital currency businesses. The service is expected to provide cryptocurrency businesses with access to a range of banking and payment networks. According to OpenPayd, the platform will offer crypto businesses with access to crypto-friendly banking, simplified cryptocurrency purchase, fiat and digital currency exchange […]

This post is only available to members.

Read More »

Adyen expands acquiring capabilities to Malaysia

Adyen, an Amsterdam-based global payments platform, announced the expansion of its acquiring capabilities to include Malaysia. The company has launched its acquiring solution in Malaysia to help local businesses achieve higher authorization rates, better customer experience, and deeper data insights as the Malaysian market transitions to online payments. “Rolling out our acquiring solution in Malaysia demonstrates […]

This post is only available to members.

Read More »